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Eurozone money markets now price in 75 percent chance of 10bps rate hike by June 2019

Reuters is out with the latest headline, citing that the Eurozone money markets now price in 75% chance of 10bps rate hike by June 2019.

In March, the money markets had priced in 80 percent chance of an ECB rate hike by March 2019.

Gold drops back to 200-DMA amid broad-based USD strength

   •  The USD extends recent upsurge and prompts some fresh selling.    •  A follow-through uptick in the US bond yields adds to the pressure.    • 
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Sweden Consumer Price Index (YoY) meets expectations (1.7%) in April

Sweden Consumer Price Index (YoY) meets expectations (1.7%) in April
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